Business
Aztech Global Q3 profit falls 21.2% to S$10.8 million on lower demand
Aztech Global’s net profit fell 21.2 per cent to S$10.8 million for the third quarter ended Sep 30, from S$13.7 million in the previous…
Tag
profit
Business
JPMorgan lifts interest income forecast after profit beats estimates
JPMorgan Chase raised its full-year forecast for net interest income (NII) on Tuesday (Oct 14), after strong performance in its trading…
Business
Goldman Sachs profit jumps as bankers cash in on big deals
Goldman Sachs’ quarterly profit jumped more than 37 per cent on Tuesday (Oct 14) as its investment bankers earned higher advisory fees and…
Business
Goldman’s profit beats estimates as dealmaking rebound boosts investment banking
Goldman Sachs beat Wall Street expectations for third-quarter profit on Tuesday (Oct 14), as its investment bankers earned higher advisory…
Business
Ericsson beats quarterly core profit estimates, shrugs off tariffs
Swedish telecoms equipment maker Ericsson reported a better-than-expected rise in quarterly earnings on Tuesday (Oct 14) and played down…
Business
Samsung expects highest quarterly profit in over three years, lifted by AI chip demand
Samsung Electronics on Tuesday (Oct 14) projected a 32 per cent rise in third-quarter operating profit from a year earlier, beating…
Business
LG Energy Solution Q3 profit likely up 34% on US EV sales rush
The company has signed a US$4.3 billion deal to supply Tesla with energy storage system batteries, as the US automaker looks to reduce…
Business
Levi Strauss forecasts annual profit below estimates as tariffs bite
The retailer has leaned into full-price sales through its direct-to-consumer channel, broadened its product offerings and kept a tight…
Business
Uniqlo owner Fast Retailing posts record profit for fourth year
The apparel maker beats its own forecast, with operating profit jumping to 564.3 billion yen Japan’s Fast Retailing, owner of global…
Business
Top Glove swings into the black with RM38.6 million Q4 net profit; declares 0.48 sen final dividend
Malaysian glove-maker Top Glove on Thursday (Oct 9) posted a net profit of RM38.6 million (S$11.8 million) for its fourth quarter ended…
Business
Top Glove swings into the black with RM38.6 million Q4 net profit
Company declares 0.48 sen final dividend; attributes improved performance to stronger demand Malaysian glove-maker Top Glove on Thursday…
Business
Top Glove swings into the black with RM38.6 million Q4 net profit; returns to full-year profitability
It declares a 0.48 sen final dividend and attributes the improved performance to stronger demand Malaysian glove-maker Top Glove on…
Business
Australia’s central bank swings to A$11 billion profit, again skips paying dividend to government
Australia’s central bank swung to an accounting profit last financial year on lower bond yields and a depreciating currency, though it…
Business
Duty Free International returns to the black with RM2.6 million Q2 net profit
Revenue for the quarter is up 14.5% at RM42.6 million amid stronger customer demand Malaysian retail group Duty Free International…
Business
ByteDance to get about 50% of TikTok US profit under Trump deal: sources
TikTok’s Chinese parent company will likely get about half of the profit from the platform’s US operation even after it sells majority…
Business
Wilmar maintains profit expectations; CEO scoops up S$2.7 million of shares as stock tumbles
Despite a verdict from the Indonesia Supreme Court requiring Wilmar International to pay five billion rupiah (S$387,047) worth of fines…
Business
Wilmar maintains profit expectations; CEO scoops up S$2.7 million of shares as stock falls
Despite a verdict from the Indonesia Supreme Court requiring Wilmar International to pay five billion rupiah (S$387,047) worth of fines…
Business
StanChart Singapore’s first-half profit climbs 12.4% to nearly S$1 billion
StanChart Singapore’s net profit climbed 12.4 per cent to S$961 million in the first six months of this year, from S$854 million in the…
Business
StanChart Singapore’s H1 profit climbs 12.4% to nearly S$1 billion
The rise in earnings comes amid a boost in fee and commission income, as well as forex income Standard Chartered (StanChart) Singapore’s…
Business
Del Monte swings into the black in Q1 with US$5.5 million net profit
Canned-food brand Del Monte Pacific has returned to the black with a net profit of US$5.5 million for its first quarter ended Jul 31,…
Business
Del Monte Pacific swings into the black in Q1 with US$5.5 million net profit
This is due to higher sales from both the company’s domestic market in the Philippines and international markets Canned-food brand Del…
Business
CIMB Singapore CEO sudden exit puts spotlight on key profit hub
Victor Lee has resigned from his roles as chief executive officer of CIMB Singapore and chief executive of growth markets, parent company…
Business
CIMB Singapore CEO’s sudden exit puts spotlight on key profit hub
Victor Lee has resigned from his roles as chief executive officer of CIMB Singapore and chief executive of growth markets, parent company…
Business
Kasikornbank ditches key profit goal as Thai economy falters
Thailand’s second-largest lender Kasikornbank abandoned a key earnings target on concerns that the already weak economy may deteriorate…